Letter Agreement

EXHIBIT 10.10

Letter Agreement

February 24, 2016

Xx. Xxxxxxx X. Xxxxxx

c/o 00000 Xxxx Xxxxx X.

Xxxxxxxxx Tech Center A

Xxxxxxxxxxx, XX 00000

RE: Amendment #2 to Borrowing Arrangement

Dear Xxxx,

This letter confirms our agreement as follows:

Xxxxxxx X. Xxxxxx hereby agrees to amend the final sentence of paragraph (a) of the “BORROWING AND REPAYMENT” section of the LOC Note to read as follows: “Cachet Financial Solutions, Inc. agrees to make interest only payments on June 30, 2016, September 30, 2016 and December 31, 2016. The interest only payment is for interest that accrues on the principal balance from February 1, 2016 to date of payment. The outstanding principal and accrued interest balance of the Note shall be due and payable in full on January 31, 2017 (“Maturity Date”).”

If you are in agreement with the foregoing, please indicate as much by signing in the appropriate space below.

CACHET FINANCIAL SOLUTIONS, INC.

By:	/s/ Xxxxxxx X. Xxxx
	Xxxxxxx X. Xxxx, CEO
			AGREED AND ACCEPTED
			/s/ Xxxxxxx X. Xxxxxx
			Xxxxxxx X. Xxxxxx